I had to borrow the down payment form my parents because I was BROKE. 

With my parents in real estate investing, I've learned a lot about the industry.

Here’s the situation (personal details removed):The tenant reached out explaining that they’re going through financial difficulties due to an ongoing divorce and lack of child support.

Given that most parents are getting their kid an SSN to claim them on their tax returns, this is usually fraud.FOR VORs we pull PRD to validate who the real owner is.

Owning properties through LLCs in their respective states avoids the need to register a foreign LLC, which adds costs and administrative requirements.If you plan to acquire properties across multiple states, you could create a parent LLC in Florida and have individual property-specific LLCs (child LLCs) in each state.

Last thing thougt of is have a little box of books and toys for little kids parents always appreciate it. 

So those general expenses get categorized to the holding company as the parent organization.

You would still save more money 9 out of 10 times living with your parents but being able to leverage a low down payment loan will allow you to get a very high ROI on relatively safe investment. 

If it came from your parents, you may need a gift letter from them stating that it's gift and does not need to be repaid.

I’ve seen countless stories of families choosing between groceries and rent, or parents juggling eviction notices while trying to shield their children from the stress.